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Data last updated: Jul 06, 2026
Dividend Yield: 1.50%
Annual Dividend: $0.85 per share
Payout Ratio: 14.2%
Ex-Dividend Date: 2026-06-05
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 24
Mueller Industries, Inc. pays a dividend backed by a global manufacturing business spanning copper tubing, brass fittings, and HVAC components. The current dividend yield sits at 1.5%, with a trailing annual dividend rate of $0.85 per share paid quarterly. The next ex-dividend date is June 5, 2026. With a beta of 1.119, MLI carries modest market sensitivity, making it a fit for dividend investors who prioritize payout sustainability over yield size.
Mueller Industries, Inc. pays out 14.2% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings as dividends means the company keeps the vast majority of profits available for operations, leaving the payout well-cushioned at current levels. The primary pressure point for Mueller Industries, Inc. dividend safety is cyclical demand: the company's customers span plumbing wholesalers, HVAC OEMs, and refrigeration distributors, sectors that can contract during construction downturns. MLI's beta of 1.119 reflects that the stock moves with broader market swings, which can signal earnings volatility during downturns.
Mueller Industries, Inc. dividend history shows a CAGR of 5.2% per year from 2007 to 2025. Per-share payments grew from $0.40 to $1.00 over that span (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 806.7% in 2017, a spike that distorts the otherwise moderate long-run trend. The data also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | 0.0% | $1.00 (2022) | $1.00 (2025) |
| 5-Year | +20.1% | $0.40 (2020) | $1.00 (2025) |
| 10-Year | +12.8% | $0.30 (2015) | $1.00 (2025) |
MLI stock fits dividend investors who value a well-covered payout over a high current yield. The yield is low (below 2%) at 1.5%, essentially in line with its 5-year average of 1.55%, so there is no meaningful discount or premium on yield right now. The 14.2% payout ratio is the defining characteristic here: it signals a payout that earnings can absorb comfortably, even if demand from HVAC and plumbing markets softens. The trade-off is straightforward. Income investors get a conservative, low-risk payout structure from a manufacturer with broad industrial exposure, but they accept a yield that delivers modest current income.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-05 | $0.3500 |
| 2026-03-13 | $0.3500 |
| 2025-12-05 | $0.2500 |
| 2025-09-05 | $0.2500 |
| 2025-06-06 | $0.2500 |
| 2025-03-14 | $0.2500 |
| 2024-12-06 | $0.2000 |
| 2024-09-06 | $0.2000 |
| 2024-06-07 | $0.2000 |
| 2024-03-14 | $0.2000 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.7000 |
| 2025 | $1.0000 |
| 2024 | $0.8000 |
| 2023 | $1.0500 |
| 2022 | $1.0000 |
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